by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
For reference to the S&P500 wave structure at January 2018. ANALYSIS OF A PRIOR CYCLE DEGREE FIFTH WAVE Click chart to enlarge. Chart courtesy of StockCharts.com. This monthly chart shows a possible wave count for the last cycle degree fifth wave within the Grand...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
Price has moved higher for Monday, which is exactly what was expected from last analysis. Summary: The next target is at 3,020. In the short term, look for a pullback tomorrow for a second wave correction. The pullback may find support now about the upper edge of the...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
More downwards movement for Friday was expected. Summary: A low may now be in place. Some confidence may be had in this view if price breaks above the yellow channel on the hourly chart. A target would then be at 3,020. Always practice good risk management. Always...
by Lara | Apr 14, 2018 | Lara's Weekly, S&P500
Second S&P 500 Grand SuperCycle Elliott wave analysis, from 1871. Summary: The bull wave count ignores the 1840’s depression and for this reason the bear count which includes it may have a higher probability. BULLISH WAVE COUNT Click chart to enlarge. The...
